Explain what are the schedule and cost variances, Operation Management

Assignment Help:

I need to find the schedule and cost variances for a project

Actual cost at month 16 = $540,000
Scheduled cost = $523,000
Earned value = $535,000

Provided this information, what are the schedule and cost variances for this proj. What do these results mean?


Related Discussions:- Explain what are the schedule and cost variances

Interview Questions, What questions can be ask in interview for after gradu...

What questions can be ask in interview for after graduation level by a Computer Engineer?

Explain why is it important to continuously update, Why is it important to ...

Why is it important to continuously update the implementation and communication of a strategic plan?

Define the upper and lower control limits, The overall average on a process...

The overall average on a process you are attempting to monitor is 50 units. the process standard deviation is 1.72. Determine the upper and lower control limits for a mean chart, i

Determine the optimal quantity , Suppose you are overseeing the purchasing ...

Suppose you are overseeing the purchasing of a certain commodity for the following year. The demand for this item is estimated to be 20,000 units/year, and steady throughout. Every

Explain the effective general leadership traits, For years, David and Evie ...

For years, David and Evie Wexler of The Little Guys Home Electronics had many ideas about how to improve the home electronics store in which they were working, but could not put th

Calculate the expected value of perfect information, A small building contr...

A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm's capacity. The contractor must now make a decision on capac

By whom dual factor theory was propose, By whom Dual factor theory was prop...

By whom Dual factor theory was propose? Dual factor theory has been proposed by Herzberg.

Problem, a firm isconsidering replacement of a machien, whoes cost price is...

a firm isconsidering replacement of a machien, whoes cost price is rs 12200 and scrap value is rs 200 the running cost is rupee given below year running cost 1 200 2 50

Solution to the transportation problem, A transportation problem can be sol...

A transportation problem can be solved by two methods using (a) simplex methods and(b) transportation method. We shall illustrate these with the help of an example. Exam

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd